Limiting imports and attracting foreign investments are main reasons for making this decision.
16.07.2015
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News by
Daily News Egypt
Head of investor relations: Beltone would offer shares from Aug. 2 until Aug. 31 on the Egyptian exchange.
16.07.2015
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News by
Ahram Online
NBK originally bought into the North African country in 2007 and now has around 30 branches mostly in Cairo and Alexandria, according to its website.
16.07.2015
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News by
Reuters
Moody's expects those changes to lead to rising consumer confidence and more business investments, which would increase loan growth from banks.
16.07.2015
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News by
NZ Herald
The company is selling its Egyptian business to its rival Axa for around $97.5m.The deal closes by the end of this year.
14.07.2015
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News by
Financial Times
The Egyptian central bank kept the pound at a steady rate of 7.73 pounds to the dollar in a central bank auction.
13.07.2015
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News by
All Africa
Urban consumer inflation dropped to 11.4 percent from 13.1 percent in May, official statistics agency CAPMAS said.
12.07.2015
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News by
Ahram Online
Banque Misr, Egypt's second-largest state bank, plans to raise $500 million via a dollar-denominated bond on international markets within three months
11.07.2015
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News by
Ahram Online
There’s nothing new about Egypt’s dollar shortage. What’s different now is it’s battering the stock market.
11.07.2015
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News by
Bloomberg Business
CBE: Egypt’s pound held steady at 7.73 per dollar for a second time in a central bank foreign exchange auction.
11.07.2015
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News by
The Cairo Post
Egypt says it has collected '90 percent of projected tax revenues in FY 2014/2015'.
09.07.2015
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News by
Ahram Online
Egypt's central bank held the Egyptian pound steady at 7.73 pounds to the dollar at a regular forex auction.
08.07.2015
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News by
Reuters
The central bank statement showed that the balance of bonds and bills reached about 1.7 trillion pounds for the third quarter, which ended in March.
08.07.2015
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News by
Ahram Online
Reserves were supported by government-issued dollar bonds in the international markets during June.
08.07.2015
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News by
Daily News Egypt
Emaar Misr and the Greek crisis drag Egypt's stock market with the benchmark index EGX 30 dropping by 4.23 percent at closing reaching 7870 points.
08.07.2015
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News by
All Africa
Ramz: There is nothing to worry about from the dollar's rise. This is a normal movement. It only moved 2.5 percent and this happens in many markets.
07.07.2015
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News by
Ahram Online
The EGX market capital lost LE11.9 billion (US$1.5 billion), hitting LE484.19 billion, compared to LE496.1 billion on Sunday.
07.07.2015
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News by
Egypt Independent
The EGX market capital hit LE496.1 billion due to Emaar Misr shares that started trading on Sunday.
06.07.2015
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News by
Egypt Independent
The dollar was sold at banks at 7.83 EGP on Sunday, 0.10 EGP above the official rate. CBE imposed a daily ceiling for cash deposits in hard currency.
06.07.2015
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News by
Saudi Gazette
Total value of compensations paid in properties insurance has reached EGP 1.3bn, compared to EGP 1.06bn during the same period in 2014.
06.07.2015
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News by
Daily News Egypt